ION wins “best low-latency trading network of the year” at Buy-Side Technology Awards 2024
LONDON – 04 November 2024: ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that ION Markets (FX)’s MarketFactory Nexus Network has been named “best low-latency trading network of the year” at the Buy-Side Technology Awards 2024, hosted by WatersTechnology.
The Buy-Side Technology Awards honor leading technologies and third-party vendors in their areas of expertise. They focus on technologies developed specifically for buy-side firms, allowing them to operate more efficiently, transparently, and judiciously. The awards highlight innovation to address the buy-side’s most pressing business, regulatory, operational and technology needs, while also promoting collaboration, and regulatory compliance.
ION Markets (FX)’s low-latency cloud network connects participants across key global FX trading hubs like NY4, LD4, TY3, and SG1. It provides seamless access to liquidity providers, trading platforms, electronic communication networks (ECN), and ION Markets’ FX product suite. The network offers instant access to high-speed liquidity from different regions, without customers needing to set up their own circuits. Clients can use physical or virtual machines for internet connectivity and market data, or install their own hardware. These standout features made it the top choice for the award.
Eugene Markman, Chief Operations Officer of ION Markets (FX), said, “We are honored to be named the “best low-latency trading network of the year” at WatersTechnology Buy-side Technology Awards 2024. Today’s FX Markets are continuously expanding and fragmenting as more participants trade electronically and algorithmically. ION continues to improve its product offering to stay ahead of the curve. In addition to offering top-tier connectivity, MarketFactory is now integrated with other ION FX products to deliver a true end-to-end solution for our clients.”
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ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.
About ION Markets
ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.